U.S IVF Services Market Overview:

The U.S. IVF Services Marketwas valued at $2,213.1 million in 2015 and is projected to reach $4,472.2 million by 2022, registering a CAGR of 10.6% from 2016 to 2022. In vitro fertilization is a fertility treatment in the clinical industry that involves fertilization of an egg outside of the human body.

IVF services market is growing due to rise in number of delayed pregnancies among women, increase in number of infertility cases, and modern lifestyle leading to various gynecological conditions. In addition, the IVF services has become popular in the U.S. owing to advance IVF practices, which helps several patients to solve fertility problem, and technological advancements in IVF procedures. However, high cost of IVF treatments and lack of established regulations majorly restrain the market growth. Developments of fertility clinics and novel IVF technologies by key players are expected to offer lucrative growth opportunities for IVF service providers in future.

According to Centers for Disease Control and Prevention, the rate of fertilization in the age group of 35-39 years through IVF procedure is considerably high.

Segment Review

The U.S. IVF services market is segmented based on cycle type and end user. Based on cycle type, the market is categorized as fresh cycle (non-donor), thawed IVF cycle (non-donor), and donor egg IVF cycle. On the basis of end user, the market is classified into fertility clinics, hospitals, surgical centers, and clinical research institutes.

Increase in focus of the key players in the U.S. is primarily set to contribute to the growth of the market. The healthcare expenditure per capita is growing steadily in the region, which is expected to boost the growth. Increase in incidence of gynecological conditions coupled with the delayed pregnancy in women fuel the market. Moreover, the increase in number of technological advancements of IVF procedures along with the focus and investments by major players is expected to provide several opportunities for market growth in the future. Hence, a rapid growth of the IVF services market is expected during the forecast period in the U.S.

Request for Table of Content

The adoption of U.S. IVF services market is expected to increase in the near future, owing to rise in incidences of infertility, development of advanced IVF technique, and advancement in healthcare infrastructure. In addition, delayed parenthood among couples due to professional and financial constraints, increase in popularity of IVF technique to conceive, and rise in disposable income would propel the market growth. However, factors such as high cost of the IVF procedure restrain the market growth.

IVF is the most common form of assisted reproductive therapy (ART) in the U.S. The IVF success rates have considerably increased here due to the introduction of advanced fertility technique. Furthermore, increased practice of frozen egg program facilitates the instant access to donor egg pool for IVF procedure, which propel the growth of the market.